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Housing

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ZeroHedge.com

And just so there are no mistakes that the Great Depression 2.0 is here, pending homes sales plunged a massive 30% on expectations of -14.2, and a previous read of 6%. This was the biggest MoM drop on record. Deflation is here...

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Bloomberg.com

“The discount will probably stay between 25 percent and 30 percent as lenders carefully manage the number of new foreclosure actions in order to avoid flooding the market,” Rick Sharga, RealtyTrac’s senior vice president for marketing...

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Ritholtz.com

The results of the first survey are out, and not surprisingly, it indicates that first-time “homebuyer traffic dropped sharply in May. This drop implies fewer signed contracts in June and fewer closed transactions in July and August.”

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 I am trying to get information on mortgage revocation or who I can contact for mortgage revocation.  I have sent emails to the people on the webpage but I have not received any responses. Your help would be greatly apprecaited.  &nb

Letters to the Editor • Global
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Ritholtz.com

One of the things that Markets are best at is price discovery — the determination of a price for a specific item through basic supply and demand factors. Without the heavy hand of the government intervening, the real estate market is about to ex...

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theeconomiccollapseblog.com/

The Gulf of Mexico oil spill is the greatest environmental disaster in U.S. history, and it is threatening to become one of the greatest economic disasters in U.S. history. Agents along the Gulf coast are reporting that the spill has completely kill

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NakedCapitalism.com/

Notice how the late 1980s-early 1990s housing downturn, which was considered to be serious at the time, pales in comparison in contrast to our current slump. And in that downturn, it took fifteen quarters for prices to bottom.

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HAVE YOU BEEN DEFRAUDED BY YOUR BANK??? The only way to know if YOU have been scammed is to analyze your “Mortgage” or “Loan Documents” YOURSELF! BY SPECIAL INVITATION ONLY… Your presence has been cordially requested at A PRIV

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CNN Money

Existing home sales slipped in May and missed estimates but sustained a strong pace as homebuyers who qualified for the expired tax credit moved to close deals ahead of the June 30 deadline.

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GlobalEconomicAnalysis.blogspot.com

Only 30% of the 5.7 million borrowers who are 60 days delinquent are eligible for the program. 4 million delinquent borrowers are stuck. Of those eligible for the program, only 346,000 have completed the trial and received a permanent modification.

www.universityofreason.com/a/29887/KWADzukm